NEW YORK/SHANGHAI (Reuters) - Citigroup Inc's plans to raise capital by selling a $2 billion stake to China Development Bank may be in jeopardy due to Chinese government opposition, The Wall Street Journal reported on Monday.
Source:
Reuters: Business News | 14 Jan 2008 | 12:53 pm
Apple and China Mobile call off talks to launch the company's latest iPhone to Chinese consumers.
Source:
BBC News | Business | World Edition | 14 Jan 2008 | 12:46 pm
Reuters - Stock index futures extended gains on
Monday after IBM announced preliminary earnings results
that topped Wall Street estimates.
Source:
Yahoo! News: Business | 14 Jan 2008 | 12:44 pm
NEW YORK (Reuters) - Stock index futures extended gains on Monday after IBM announced preliminary earnings results that topped Wall Street estimates.
Source:
Reuters: Business News | 14 Jan 2008 | 12:44 pm
LONDON (Reuters) - Major American banks are expected to unveil substantial losses and secure more cash from abroad in what is shaping up to be a pivotal week for the global credit crisis, with central banks also poised to weigh in again.
Source:
Reuters: Business News | 14 Jan 2008 | 12:43 pm
After a lull toward the end of 2007, gas prices shot back up nearly ten cents a gallon over the past three weeks, crossing the $3 mark again, according to a survey published Sunday.
Source:
Business and financial news - CNNMoney.com | 14 Jan 2008 | 12:29 pm
U.S. stocks pointed to a modestly higher open Monday, as hopes that the Federal Reserve would step in with an emergency rate cut offset worries about looming bank earnings.
Source:
Business and financial news - CNNMoney.com | 14 Jan 2008 | 12:27 pm
Guess who's helping Bank of America pay for its $4.1 billion purchase of Countrywide Financial? Answer: The taxpayers of the United States.
Source:
Business and financial news - CNNMoney.com | 14 Jan 2008 | 12:23 pm
LONDON (Reuters) - Gold surged to a historic high above $910 an ounce, as investors rushed in to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates, analysts said.
Source:
Reuters: Business News | 14 Jan 2008 | 12:21 pm
AP - General Motors Corp.'s top finance executive said Sunday he doesn't see the subprime mortgage mess spreading into auto loans at the company's former credit arm, GMAC financial services.
Source:
Yahoo! News: Business | 14 Jan 2008 | 12:21 pm
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 14 Jan 2008 | 12:21 pm
LONDON (Reuters) - Oil rose above $93 a barrel on Monday, halting a three-day losing streak, as violence in Nigeria and tensions involving Iran countered worries that oil demand could be hit by a global economic downturn.
Source:
Reuters: Business News | 14 Jan 2008 | 12:11 pm
Gold's rally accelerates as dollar weakens
Source:
Telegraph Business | 14 Jan 2008 | 12:10 pm
The world of giving is filled with well-meaning and talented individuals from every background. These influential altruists are making their mark on philanthropy.
Source:
Business and financial news - CNNMoney.com | 14 Jan 2008 | 12:08 pm
Reuters - U.S. retail sales in 2008 are forecast
to rise at their slowest pace in six years as consumers battle
higher energy costs, fallout from the housing slump and
sluggish employment and income growth, the National Retail
Federation forecast on Monday.
Source:
Yahoo! News: Business | 14 Jan 2008 | 12:08 pm
Retail sales in 2008 will suffer their weakest pace of growth in six years as Americans struggle with rising unemployment, worsening housing and credit market conditions and rising food and energy costs in the months ahead, according to a new industry forecast released Monday.
Source:
Business and financial news - CNNMoney.com | 14 Jan 2008 | 12:08 pm
NEW YORK (Reuters) - U.S. retail sales in 2008 are forecast to rise at their slowest pace in six years as consumers battle higher energy costs, fallout from the housing slump and sluggish employment and income growth, the National Retail Federation forecast on Monday.
Source:
Reuters: Business News | 14 Jan 2008 | 12:08 pm
China Mobile, the world's largest cellular operator, said it had failed to reach agreement with Apple aimed at launching the US company's iPhone in the world's fastest growing mobile market
Source:
FT.com - US homepage | 14 Jan 2008 | 11:47 am
European shares edge higher in Monday morning trading, as investors shrug off Friday's sharp falls on Wall Street.
Source:
BBC News | Business | World Edition | 14 Jan 2008 | 11:45 am
SEOUL (Reuters) - Flat screen maker LG.Philips LCD Co Ltd reported its highest ever quarterly profit on Monday and predicted even better profits for 2008, but voiced concerns over a potential return to oversupply in early 2009.
Source:
Reuters: Business News | 14 Jan 2008 | 11:43 am
Gold surged to a record above $900 an ounce as expectations of aggressive interest rate cuts by US policymakers pushed the dollar lower
Source:
FT.com - US homepage | 14 Jan 2008 | 11:34 am
Police in Shanghai break up protests against the extension of the city's magnetic levitation railway.
Source:
BBC News | Business | World Edition | 14 Jan 2008 | 11:26 am
The dollar dropped to within touching distance of its record low against the euro and fell across the board on Monday as rumours of an inter-meeting cut in US interest rates swept the market.
Source:
FT.com - US homepage | 14 Jan 2008 | 11:17 am
NEW YORK (Reuters) - Securities regulators are reviewing whether investment banks' trades in shares of companies linked to M&A deals they were advising were based on coincidence or inside information, according to The Wall Street Journal on Monday.
Source:
Reuters: Business News | 14 Jan 2008 | 11:16 am
A firm that used "high pressure sales tactics" to sell shares is fined £250,000 by the City watchdog.
Source:
BBC News | Business | World Edition | 14 Jan 2008 | 11:14 am
"Who needs a record company?"
Source:
Business and financial news - CNNMoney.com | 14 Jan 2008 | 11:13 am
A multi-billion dollar lawsuit brought by the government against major tobacco firms is adjourned in Nigeria.
Source:
BBC News | Business | World Edition | 14 Jan 2008 | 11:05 am
Want an advance look at the gadgets you'll be using years from now? The chip industry's current designs will tell you.
Source:
Business and financial news - CNNMoney.com | 14 Jan 2008 | 11:00 am
JJB Sports has hit out at Umbro, saying that it will buy record low numbers of the new England away shirt because it is poorly designed, exacerbating the problem of the national football team's failure to qualify for Euro 2008.
Source:
Telegraph Business | 14 Jan 2008 | 11:00 am
Reuters - Apple Inc and China Mobile
have called off talks to launch the U.S. firm's popular iPhones
in China, dashing investor speculation that the device will hit
store shelves soon and sending China Mobile shares down.
Source:
Yahoo! News: Business | 14 Jan 2008 | 10:49 am
Reuters - Citigroup Inc. could make as
much as $24 billion in writedowns and lay off 20,000 workers as
part of a plan to cut costs and boost capital, CNBC said on its
Website in a report dated Sunday.
Source:
Yahoo! News: Business | 14 Jan 2008 | 10:39 am
Annual price inflation of goods leaving UK factories hit 5% - driven by fuel and food costs, official figures show.
Source:
BBC News | Business | World Edition | 14 Jan 2008 | 10:19 am
India must cut its trade deficit with China, Prime Minister Manmohan Singh says on a visit to Beijing.
Source:
BBC News | Business | World Edition | 14 Jan 2008 | 10:16 am
The US sub-prime drama seems to be coming back to bite us once more.
Source:
Telegraph Business | 14 Jan 2008 | 10:00 am
Reuters - Gold soared to record highs above $900
an ounce on Monday as equities struggled for gains and the
dollar fell.
Source:
Yahoo! News: Business | 14 Jan 2008 | 9:41 am
A High Court test case is due to start which could bring a big change to High Street banking in the UK.
Source:
BBC News | Business | World Edition | 14 Jan 2008 | 9:04 am
JJB Sports, the sports retailer, has announced a 2.2pc increase in like-for-like sales for the 23 weeks to 6 Jan 2008.
Source:
Telegraph Business | 14 Jan 2008 | 8:40 am
Reuters - Securities regulators are reviewing
whether investment banks' trades in shares of companies linked
to M&A deals they were advising were based on coincidence or
inside information, according to The Wall Street Journal on
Monday.
Source:
Yahoo! News: Business | 14 Jan 2008 | 8:39 am
Shares in Forth Ports, the UK's last publicly listed docks operator, jumped more than 5pc this morning after it was revealed that Australian investment group Babcock & Brown has built a 20pc stake in the group.
Source:
Telegraph Business | 14 Jan 2008 | 8:30 am
Close Brothers, the merchant bank, confirmed this morning that it is in talks with Andy Stewart, the chief executive of rival Cenkos, and the Icelandic lender Landasbanki after capitulating to pressure from shareholders.
Source:
Telegraph Business | 14 Jan 2008 | 8:10 am
Selling a sofa seems to be the most difficult task within the retail sector, as the latest company ScS this morning delivered a dismal trading update and warned that the situation is unlikely to improve in the forseeable future.
Source:
Telegraph Business | 14 Jan 2008 | 8:05 am
Reuters - The $200 billion Kuwait Investment
Authority had no immediate comment on Monday on a report it may
buy into Merrill Lynch & Co Inc and Citigroup Inc
, two U.S. banks hit by credit market losses.
Source:
Yahoo! News: Business | 14 Jan 2008 | 7:59 am
Ian McEwan's Atonement won best drama in a subdued Golden Globes awards, with the strike by screenwriters forcing the cancellation of one of Hollywood's glitziest ceremonies
Source:
FT.com - US homepage | 14 Jan 2008 | 6:24 am
Wal-Mart will open small-format grocery stores in Arizona this year under the trade name, 'Marketside', going head to head with the new Fresh & Easy markets being rolled out in the US by Tesco
Source:
FT.com - US homepage | 14 Jan 2008 | 12:59 am
ITV will go head to head with its advertisers this week as the Office of Fair Trading kicks off a review of the rules that limit how much Britain's biggest commercial TV station can charge for its airtime.
Source:
Telegraph Business | 14 Jan 2008 | 12:05 am
Warning: include(/var/chroot/home/content/r/a/m/ramnem/html../footer.txt) [
function.include]: failed to open stream: No such file or directory in
/home/content/r/a/m/ramnem/html/archives/200801/20080114_world_bussiness.php on line
62
Warning: include() [
function.include]: Failed opening '/var/chroot/home/content/r/a/m/ramnem/html../footer.txt' for inclusion (include_path='.') in
/home/content/r/a/m/ramnem/html/archives/200801/20080114_world_bussiness.php on line
62
